That bum in your avatar would get KO'd by the first punch Hatton threw.

I think Ray would start off fast, but then Hatton would start killing him with his cobra strike jab, then when he has him good and cut up he'll drag Ray into deep water and drown him in about the ninth round. He'll probably toy with him a bit near the end, and I wouldn't discount a mercy stoppage by the Robinson corner as soon as the seventh.